Dec 14, 2008
The bulletin of private financing of secrets last year, we talked a lot about business plans. It is an important step in receiving funding, and it is something for which many people do incorrectly. One of the common mistakes we see are business plans, with only 20 pages long. They simply are not effective in obtaining financing, most companies that are looking for. When an employer is looking for the funding they need to provide the lender a plan that shows they have made an enormous effort on the recognition of the low along with enthusiasm. Lenders want to have a sense, the risk is minimized because the client has spent time looking for and documenting all aspects of the business, and this can not be done in 20 pages.
Do not be afraid to offer 200 pages or more. Provide well thought out and organized detail. Laser printing of information, use of tabs to organize the plan, and use a nice 3 ring binder or other method required for the material in a nice package. They do not include copies sent by fax, or copies of poor quality.
In recent years, people have become more accustomed to sending documents by e-mail. This is great in many circumstances. However, unless a lender specifically said that this method of receiving a business plan is fine, no E-mail a business plan. Do not expect a company that is trying to get funds, to become its free printing. The best method of delivery is a professional looking plan to be sent by a service overnight.

We are asked all the time for the sample business plans. There are a lot of books at the library or for purchase at bookstores. However, due to the number of applications we have - at a later date that we will provide a business plan shows www.BusinessFundingsSecrets.com.

Following is a standard Check List can be used when organizing the development of a business plan.

Business Plan Check List
This list is not all inclusive and needs to be adjusted, so it is specific to the business seeking funding. Remember to include details, details, details. A complete package must have all the relevant information needed to make a good business decision by the lender / investor.
1. Clear and concise one-page executive summary.
2. Funding request. A page.
3. Declaration of use of funds. Must be specific and detailed.
4. Company description.
5. Resumes of all directors.
6. Personal financial statements of all directors.
7. Mission Statement.
8. History of the company.
9. Marketing plans.
10. Local marketing strategies.
11. National marketing strategies.
12. Prospects for the industry.
13. Analysis of the situation.
14. Customer profile.
15. Factors geographic market.
16. Competition.
17. Strengths and weaknesses.
18. Operational plans.
19. Staff.
20. Training.
21. Shopping.
22. Suppliers.
23. Business functions.
24. Uniqueness.
25. Future growth.
26. Ownership and management.
27. Licensing.
28. Marks.
29. Description and valuations of real property and assets.
30. Letter of Intent to other investors.
31. Support for articles third.
32. The five-year financial projections. 3 years early in the month to month format.
33. Company, real estate, industry and comparisons.
34. Details of the directors of the successes and failures.
35. Letters of reference from the previous customers, clients, etc.
36. Photos of property, buildings, equipment, products, etc.

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